Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Shares Up 0.9% – Time to Buy?

Shares of Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) rose 0.9% during trading on Thursday . The company traded as high as $42.80 and last traded at $42.78. Approximately 55,572 shares traded hands during trading, a decline of 57% from the average daily volume of 129,232 shares. The stock had previously closed at $42.41.

Roundhill Generative AI & Technology ETF Trading Up 0.9 %

The stock has a market cap of $176.68 million, a price-to-earnings ratio of 37.73 and a beta of 1.77. The firm’s 50-day moving average is $41.53 and its two-hundred day moving average is $38.45.

Hedge Funds Weigh In On Roundhill Generative AI & Technology ETF

An institutional investor recently bought a new position in Roundhill Generative AI & Technology ETF stock. Janney Montgomery Scott LLC purchased a new position in Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,517 shares of the company’s stock, valued at approximately $223,000. Janney Montgomery Scott LLC owned approximately 0.13% of Roundhill Generative AI & Technology ETF at the end of the most recent quarter.

About Roundhill Generative AI & Technology ETF

The Roundhill Generative AI & Technology ETF (CHAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in 25 to 50 companies around the world that are involved in generative artificial intelligence and other related technologies.